Soktas stock: Circuit breaker halts Soktas trading. Soktas stock enters an auction

Published on 10/22/2026 at 05:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Soktas entered a single-price auction on October 19, 2026 after a circuit breaker. Soktas stock had a TRY 1.18 billion market cap.

Operating figures and market structure

On October 19, 2026, Borsa Istanbul moved Soktas into a single-price auction after a circuit breaker.
Fiscal year 2025 revenue was TRY 1,788.16 million, down 23.68 percent from fiscal year 2024.
Soktas reported a fiscal year 2025 net loss of TRY 240.24 million.

Soktas, TRASOKTS91E0, Illustration mit AI erstellt.

Soktas (ISIN TRASOKTS91E0) entered a single-price auction on October 19, 2026 after Borsa Istanbul activated an equity-based circuit breaker. TipRanks reported that continuous trading was suspended temporarily and that orders would be matched in an auction before regular trading resumed.

Why the auction mattered

The intervention was designed to moderate abrupt price movements and support orderly price discovery. The company trades on Borsa Istanbul under ticker SKTAS, and TipRanks listed market capitalization at TRY 1.18 billion and average trading volume at 12,464,272 shares in its October 19, 2026 company note. Those figures show why the auction mechanism matters: liquidity and execution conditions can change quickly when continuous matching is interrupted.

What the 2025 numbers show

Soktas generated TRY 1,788.16 million in revenue in fiscal year 2025, down 23.68 percent from TRY 2,343.01 million in fiscal year 2024. Investing.com lists those figures in its annual income statement, which reports amounts in millions of TRY.

The same fiscal year produced a net loss of TRY 240.24 million and negative EBITDA of TRY 14.33 million, compared with fiscal year 2024 net income of negative TRY 607.81 million and EBITDA of TRY 23.08 million. The comparison points to a weaker revenue base but a smaller reported net loss than the prior year.

Textile operations remain central

Soktas describes its business as the design and production of premium fabrics, with activities spanning raw materials, textile innovation and finishing. Its corporate site highlights technological advancement, artisanal craftsmanship and sustainable production as central parts of the operating model, while the October auction places short-term trading conditions alongside those longer-cycle fundamentals.